Waterco Limited engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia, New Zealand, Asia, North America, and Europe.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.27|
|52 Week High||AU$2.80|
|52 Week Low||AU$3.35|
|1 Month Change||0.31%|
|3 Month Change||12.76%|
|1 Year Change||13.15%|
|3 Year Change||54.25%|
|5 Year Change||123.97%|
|Change since IPO||717.50%|
Recent News & Updates
Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year
The board of Waterco Limited ( ASX:WAT ) has announced that it will be increasing its dividend on the 15th of December...
Waterco (ASX:WAT) Has Announced That It Will Be Increasing Its Dividend To AU$0.04
Waterco Limited ( ASX:WAT ) has announced that it will be increasing its dividend on the 15th of December to AU$0.04...
Robust Earnings May Not Tell The Whole Story For Waterco (ASX:WAT)
Despite posting some strong earnings, the market for Waterco Limited's ( ASX:WAT ) stock hasn't moved much. Our...
Waterco (ASX:WAT) Is Increasing Its Dividend To AU$0.04
Waterco Limited's ( ASX:WAT ) dividend will be increasing to AU$0.04 on 15th of December. This makes the dividend yield...
|WAT||AU Leisure||AU Market|
Return vs Industry: WAT underperformed the Australian Leisure industry which returned 15.1% over the past year.
Return vs Market: WAT underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: Insufficient data to determine WAT's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine WAT's volatility change over the past year.
About the Company
Waterco Limited engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia, New Zealand, Asia, North America, and Europe. It also manufactures and sells solar heating systems for swimming pools and pre-heat industrial solar systems. The company’s pool and spa products, comprises of mineral ozone, hydroxypure, chlorine free spa, infloor pool cleaning, minerals, commercial chemical dosers, pumps, filters, filter media, electric spa heating, electroheat heat pumps, gas and solar pool heating equipment, chemical dosing systems, salt water chlorinators, ozone, controllers and automation, pool lighting, suction and robotic cleaners, recirculation accessories, blowers, valves, spa equipment, chemicals, and maintenance accessories.
Waterco Fundamentals Summary
|WAT fundamental statistics|
Is WAT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WAT income statement (TTM)|
|Cost of Revenue||AU$57.72m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.36|
|Net Profit Margin||10.77%|
How did WAT perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Does WAT pay a reliable dividends?See WAT dividend history and benchmarks
|Waterco dividend dates|
|Ex Dividend Date||Nov 09 2021|
|Dividend Pay Date||Dec 15 2021|
|Days until Ex dividend||23 days|
|Days until Dividend pay date||59 days|
Does WAT pay a reliable dividends?See WAT dividend history and benchmarks
Is Waterco undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WAT (A$3.27) is trading above our estimate of fair value (A$1.33)
Significantly Below Fair Value: WAT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WAT is good value based on its PE Ratio (9.1x) compared to the Global Leisure industry average (16.4x).
PE vs Market: WAT is good value based on its PE Ratio (9.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WAT is good value based on its PB Ratio (1.2x) compared to the XX Leisure industry average (2.2x).
How is Waterco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Waterco has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Waterco performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WAT has high quality earnings.
Growing Profit Margin: WAT's current net profit margins (10.8%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: WAT's earnings have grown significantly by 28.4% per year over the past 5 years.
Accelerating Growth: WAT's earnings growth over the past year (308.8%) exceeds its 5-year average (28.4% per year).
Earnings vs Industry: WAT earnings growth over the past year (308.8%) exceeded the Leisure industry 61.1%.
Return on Equity
High ROE: WAT's Return on Equity (12.6%) is considered low.
How is Waterco's financial position?
Financial Position Analysis
Short Term Liabilities: WAT's short term assets (A$61.2M) exceed its short term liabilities (A$21.4M).
Long Term Liabilities: WAT's short term assets (A$61.2M) exceed its long term liabilities (A$13.6M).
Debt to Equity History and Analysis
Debt Level: WAT's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: WAT's debt to equity ratio has reduced from 34.2% to 0.9% over the past 5 years.
Debt Coverage: WAT's debt is well covered by operating cash flow (590.6%).
Interest Coverage: WAT's interest payments on its debt are well covered by EBIT (25.9x coverage).
What is Waterco current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WAT's dividend (2.45%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: WAT's dividend (2.45%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: WAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: WAT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.7%), WAT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Soon Sinn Goh, B COM, FCPA, is the Founder of Waterco Limited and serves as its Chairman and Chief Executive Officer and also has been its Member of the Board since its inception in February 1981. In 1...
CEO Compensation Analysis
Compensation vs Market: Soon's total compensation ($USD336.82K) is about average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Soon's compensation has been consistent with company performance over the past year.
Experienced Board: WAT's board of directors are seasoned and experienced ( 11.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Waterco Limited's employee growth, exchange listings and data sources
- Name: Waterco Limited
- Ticker: WAT
- Exchange: ASX
- Founded: 1981
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: AU$116.670m
- Shares outstanding: 35.68m
- Website: https://www.waterco.com.au
Number of Employees
- Waterco Limited
- 36 South Street
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:04|
|End of Day Share Price||2021/10/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.